https://www.taxtmi.com/caselaws?id=349379 Receipts from a composite turnkey project were treated as attributable to Indian business operations and taxable in India, including amounts linked to work performed outside India, because the project structure and the assessee's concession supported inclusion in the tax computation. Interest under section 234B was stated to be not chargeable where the payments were subject to tax deduction at source. The rejection of books of account and estimation of income were set aside and the matter was remitted for fresh adjudication after recomputation and an opportunity to furnish accounts and documents. en-us Fri, 06 Oct 2017 00:00:00 +0530 Thu, 12 Oct 2017 08:21:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349379 Receipts from a composite turnkey project were treated as attributable to Indian business operations and taxable in India, including amounts linked to work performed outside India, because the project structure and the assessee's concession supported inclusion in the tax computation. Interest under section 234B was stated to be not chargeable where the payments were subject to tax deduction at source. The rejection of books of account and estimation of income were set aside and the matter was remitted for fresh adjudication after recomputation and an opportunity to furnish accounts and documents. Case-Laws Income Tax Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349379